Oak Bay, BC V8R3L3 2536 Thompson Ave

Set on a large, flat 0.22-acre lot with rare street & laneway access, this 5-bedroom,2-bath home offers outstanding potential in one of Victoria’s most coveted neighbourhoods. The flexible layout includes a bright 2-bedroom walk-out lower level—ideal for extended family, guests, or a mortgage helper. A standout feature is the dual access, offering an excellent opportunity for an ADU (Accessory Accommodation Unit) such as a Garden Suite or Carriage House with double garage below and a 1- or 2-bedroom suite above—perfect for rental income or multigenerational living (buyers to confirm with Oak Bay Municipality). Steps to Estevan Village & Willows Beach, only minutes to Uplands & Victoria Golf Clubs, Oak Bay Marina, and UVIC. Located within the catchment of top-rated schools including Willows Elementary, Monterey Middle, & Oak Bay High—all walkable or bike-able. Well-maintained & full of promise, this is your chance to renovate, reimagine, or build new in a blue-chip Oak Bay location.